Indian Contract Act - Practice Test

(A) Only 1 is correct

(B) Only 2 is correct

(C) Both 1 and 2 are correct

(D) Both 1 and 2 are incorrect

(D) Both 1 and 2 are incorrect

(A) Person employed to do any act for another or to represent in dealings with third person

(B) Person for whom the act is done or who is so represented in dealings with third persons

(C) Person from whom, the person employed to do any act, has to get the work done

(D) All the above

(B) Person for whom the act is done or who is so represented in dealings with third persons

(A) Void when the performance becomes unlawful or impossible

(B) Void

(C) Voidable when the performance becomes impossible

(D) Neither void nor voidable

(A) Void when the performance becomes unlawful or impossible

(A) The means available with the party claiming damages, to minimise the damages shall be considered

(B) Such means shall not be considered

(C) The party is not under any obligation to take steps within its reach to minimise the loss

(D) Both B and C

(A) The means available with the party claiming damages, to minimise the damages shall be considered

(A) By an agreement between the creditor and the principal debtor

(B) By an agreement between the creditor & a third party for not to sue the principal debtor

(C) Both A and B above

(D) Neither A nor B

(A) By an agreement between the creditor and the principal debtor

Indian Contract Act - Study Mode